Employment transformation in digital capitalism: myths and realities of the social consequences of the global economy digitalization

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The article is devoted to the study of the social consequences of the employment transformation in the world of “capital” in the context of the modern expansion of global capitalism and the digitalization of the global economy. Particular attention is paid to proving the inconsistency of the current mythologization of the digital economy in order to cover up the anti-labor orientation of various forms of non-standard, informal employment, which has become widespread in all three worlds of the modern world-system within the framework of digital capitalism. At the center of the analysis of the digital economy impact on the workers’ socio-economic situation is the digitalization of the world of work and social and labor relations in the United States, that serve as a role model throughout the world, especially in the economically developed countries of the global North. The digitalization of labor in the Golden Billion countries, as well as in the Third World countries with a transition economy instead of the promised reduction of the contradictions between labor and capital led them to an even greater exacerbation and gave rise to a new type of social inequality – digital inequality – both inside all countries and between them. The author concludes that there has been a significant increase in the labor exploitation intensification as a result of the digital revolution and the need to search for and introduce new forms of world order under the slogan of the alterglobalists’ social movement – “People are higher than profits”.

About the authors

Anatoliy G. Arseienko

Institute of Sociology of the National Academy of Sciences of Ukraine

Author for correspondence.
Email: anatoliy.arseenko@gmail.com
ORCID iD: 0000-0002-3137-6487

Candidate of Historical Sciences, Senior Researcher, Leading Researcher of the Department of Economic Sociology of the Institute of Sociology of the National Academy of Sciences of Ukraine

Ukraine, 12, Shovkovichna St., Kiev, 01021, Ukraine


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Copyright (c) 2021 Arseienko A.G.

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